Luke Gromen: Panic In The Bond Market Will Continue Unless Oil Or Dollar Relent
Forward Guidance
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The Impact of Higher Interest Rates
The chapter discusses the potential consequences of higher interest rates on the economy, including the crowding out of the private sector, problems in the housing market, and the impact on government revenues and deficits. It also explores the effects on the dollar and global markets, as well as the role of the Federal Reserve in managing the situation.
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